AVP Finance

Job Description

Join us as AVP Finance, where you will lead the preparation and review of regulatory reporting submissions to the Reserve Bank of India(RBI) and lead the team. You will ensure adherence to financial control standards, manage a team, and face off with auditors and regulators during inspections and reviews.

To Be Successful As An AVP Finance

You will need a strong grasp of RBI guidelines, internal controls, and regulatory processes. This role requires excellent analytical skills, attention to detail, and the ability to manage deliverables while coaching a team.

Basic/Essential Qualification

- Qualified Chartered Accountant
- Good understanding of RBI regulations around BASEL III, Capital Adequacy norms, ALM norm, Treasury returns.
- Understanding of internal financial control requirements
- Experience managing financial audits and regulatory inspections
- Strong ownership an problem-solving mindset
- Complete understanding of the Reserve Bank of India guidelines as they apply to a foreign bank in India across retail, corporate and investment bank products

Desirable Skillsets/Good To Have

- Experience in managing junior team members
- Ability to prioritise multiple regulatory deliverables
- Strong verbal and written communication skills

You may be assessed on key critical skills relevant for success in role such as:

- Accuracy and completeness of RBI returns
- Understanding of regulations and control frameworks
- Stakeholder management (e.g., auditors, regulators)
- Team management and performance oversight
- Responsiveness to ad-hoc queries and inspections

Job location is Mumbai.

Purpose of the role

To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting.

Accountabilities

- Management of the preparation and presentation of accurate and timely financial statements, and other accounting records in accordance with the relevant accounting standards, rules and regulations.
- Support in identification,assessment,and mitigation of financial risks, and report on these financial risks to senior colleagues.
- Development and maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps. .
- Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
- Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems with other enterprise systems.
- Preparation and submission of statutory and regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
- Coordination with external auditors and regulatory authorities in support of audits and examinations.

Assistant Vice President Expectations

- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L Listen and be authentic, E Energise and inspire, A Align across the enterprise, D Develop others.
- OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
- Take ownership for managing risk and strengthening controls in relation to the work done.
- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
- Communicate complex information. Complex information could include sensitive information or information that is difficult to communicate because of its content or its audience.
- Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset to Empower, Challenge and Drive the operating manual for how we behave.